While most major cryptocurrencies are performing poorly, the $PEPE token is showing a clear upward trend. But whether this is a potential trap is worth pondering.

Currently, the trading price of $PEPE is 0.00001142 USDT, and its 24-hour trading volume has reached 32.17 trillion PEPE and 360.88 million US dollars. In the past day, the price of the token fluctuated between 0.00001079 USDT and 0.00001166 USDT. Its relative strength index (RSI) is as high as 87.84, which indicates that the market may be overbought, so investors should remain vigilant and invest cautiously.

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